Logistea AB
LOGI-A.ST
#6198
Rank
A$1.01 B
Marketcap
$2.11
Share price
-0.33%
Change (1 day)
74.31%
Change (1 year)

P/E ratio for Logistea AB (LOGI-A.ST)

P/E ratio as of November 2024 (TTM): 12.6

According to Logistea AB's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.5528. At the end of 2023 the company had a P/E ratio of -250.

P/E ratio history for Logistea AB from 2009 to 2024

PE ratio at the end of each year

Year P/E ratio Change
2023-250-5790.19%
20224.40-66.79%
202113.32.35%
202012.9-1514.52%
2019-0.9154-4.07%
2018-0.9542-95.42%
2017-20.8-239.75%
201614.9-34.37%
201522.7-60.1%
201456.9-618.4%
2013-11.0-120.76%
201252.9317.69%
201112.77.07%
201011.8-38.57%
200919.3292.27%
20084.91

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.